Sohu.com
SOHU
112 hedge funds and large institutions have $1.79B invested in Sohu.com in 2014 Q1 according to their latest regulatory filings, with 28 funds opening new positions, 30 increasing their positions, 38 reducing their positions, and 23 closing their positions.
33% more funds holding in top 10
Funds holding in top 10: 6 → 8 (+2)
22% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 23
4% more funds holding
Funds holding: 108 → 112 (+4)
14% less capital invested
Capital invested by funds: $2.07B → $1.79B (-$282M)
21% less repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 38
47% less call options, than puts
Call options by funds: $33.2M | Put options by funds: $62M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAM
Coronation Asset Management
Cape Town,
South Africa
|
+$117M |
| 2 |
OH
Orbis Holdings
Hamilton,
Bermuda
|
+$36.5M |
| 3 |
Bank of New York Mellon
New York
|
+$12.2M |
| 4 |
CL
CRCM LP
San Francisco,
California
|
+$11.8M |
| 5 |
CIM
Contravisory Investment Management
Norwell,
Massachusetts
|
+$11.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$94M |
| 2 |
PIM
Platinum Investment Management
Sydney Australia 2000,
Australia
|
-$34.7M |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
-$25.4M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$19.9M |
| 5 |
RFC
Russell Frank Company
Seattle,
Washington
|
-$13.6M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ID
126
Integral Derivatives
New York
| – | -$720K | -9,744 | Closed |
|
|
BL
127
Bolton LP
Greenwich,
Connecticut
| – | -$628K | -8,610 | Closed |
|
|
PGCM
128
Prescott Group Capital Management
Tulsa,
Oklahoma
| – | -$511K | -7,000 | Closed |
|
|
WC
129
Wexford Capital
West Palm Beach,
Florida
| – | -$379K | -5,200 | Closed |
|
130
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
| – | -$302K | -3,900 | Closed |
|
131
Jane Street
New York
| – | -$279K | -3,826 | Closed |
|
|
QIM
132
Quantitative Investment Management
Charlottesville,
Virginia
| – | -$277K | -3,800 | Closed |
|
|
PPCM
133
Pillar Pacific Capital Management
Pacifica,
California
| – | -$221K | -3,030 | Closed |
|
|
HHC
134
Hutchin Hill Capital
New York
| – | -$219K | -3,000 | Closed |
|
|
FIM
135
Fernwood Investment Management
Quincy,
Massachusetts
| – | -$202K | -2,775 | Closed |
|
|
GI
136
Gradient Investments
Arden Hills,
Minnesota
| – | -$22K | -300 | Closed |
|
SOHU Hedge Fund Activity: Q1 2014 in Review
112 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Sohu.com (SOHU) for Q1 2014, worth a combined $1.79B — down 14% from $2.07B a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new SOHU positions and 23 closed out — a net gain of 5 holders — while 30 added to existing stakes and 38 trimmed.
The largest buyer was Coronation Asset Management, opening a new position worth an estimated $117M. The largest seller was Fidelity Investments, cutting an estimated $94M.
- 112 institutional investors held Sohu.com (SOHU) as of Q1 2014, up from 108 in Q4 2013.
- Funds reported $1.79B of Sohu.com stock for Q1 2014, down 14% quarter-over-quarter.
- 28 funds opened new Sohu.com positions in Q1 2014 and 23 closed out, a net change of +5 holders.
- The largest Sohu.com buyer in Q1 2014 was Coronation Asset Management, an estimated $117M added.
- The largest Sohu.com seller in Q1 2014 was Fidelity Investments, an estimated $94M sold.
Based on aggregated 13F filings for Q1 2014.